Keybanc Maintains Overweight on WEC Energy Group, Raises Price Target to $103
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Sophie Karp maintains an Overweight rating on WEC Energy Group and raises the price target from $98 to $103.
September 30, 2024 | 11:40 am
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POSITIVE IMPACT
Keybanc analyst Sophie Karp has maintained an Overweight rating on WEC Energy Group and increased the price target from $98 to $103, indicating a positive outlook.
The increase in price target from $98 to $103 by Keybanc suggests a positive outlook for WEC Energy Group. The Overweight rating indicates that the analyst expects the stock to outperform its peers. This is likely to have a positive short-term impact on the stock price as investors may view the raised target as a sign of confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100